Open Season

German LNG Terminal GmbH has successfully completed its “Open Season” for the planned LNG import terminal in Brunsbuettel in Northern Germany. This “Open Season”, which is a dedicated process to determine market interest and identify potential customers, resulted in a positive outcome: a considerable number of Memorandums of Understanding has been signed with companies that represent a comprehensive range and complementary interests, ranging from regasification to send out and LNG distribution services. Next steps include further discussions with potential customers with a view to sign Head of Agreements. In addition, the necessary engineering work for the permit approval process has already been started.